ACE holding News

Dubai residents will be able to replace their health insurance cards with their Emirates ID cards. The new deadline for insurance companies to integrate the insurance card details into Emirates ID cards was the first quarter of 2017.

Omani insurance companies are expected to achieve 10-11% growth in GP revenue this year, a top-level official of a leading insurance firm said; among various business classes, medical insurance and motor insurance are growing rapidly.

The Council of Cooperative Health Insurance is developing an integrated electronic platform for the health insurance sector so as to link all stakeholders. The new electronic system aims to speed up the approval process of insurance companies with health service...

Listed insurers in the UAE reported combined net profits of AED570 million (US$155 million) in the second quarter of 2016, 118% higher than the AED261 million netted in the corresponding quarter in 2015, according to Orient Insurance.

Bahrain’s economy is registering marked progress on several fronts. This trend is demonstrated via the gains being made in economic diversification, reducing the burden of public finance and enticing new investments. Non-oil gross domestic product (GDP) grew by 3.9...